A Free No Deposit Bonus in Forex trading allows new traders to start trading without risking their own money. Brokers offer this incentive to attract clients, providing a small amount of capital to trade with upon registration. This bonus enables traders to explore the market, test strategies, and gain experience without financial commitment. However, it often comes with specific terms and conditions, such as withdrawal limits and trading volume requirements. Overall, it serves as a valuable opportunity for beginners to familiarize themselves with Forex trading while minimizing risk.